SanDisk Cuts A Deal In Price-Fixing Suit Over IP Licenses

Law360, New York (May 3, 2012, 1:09 PM EDT) -- Computer memory company SanDisk Corp. on Wednesday settled an antitrust action brought in California federal court by a putative class of consumers who accused the company of fixing prices on flash memory through illicit patent-licensing and other agreements with several technology giants.

The deal nixes the claims of a group of indirect purchasers who lodged a consolidated complaint in May 2009, alleging that SanDisk conspired to raise and fix prices on NAND flash memory, storage technology used in memory cards for digital cameras, USB flash drives,...